School On Wheels Of Massachusetts Inc
School On Wheels Of Massachusetts Inc shows consistent revenue growth and zero officer compensation, indicating strong financial health and program focus.
EIN: 201020880 · E Bridgewtr, MA · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $871K |
| Transparency Score | 95/100 |
Is School On Wheels Of Massachusetts Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
School On Wheels Of Massachusetts Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About School On Wheels Of Massachusetts Inc
School On Wheels Of Massachusetts Inc (EIN: 201020880) is a nonprofit organization based in E Bridgewtr, MA, classified under NTEE code B90. The organization reported total revenue of $1.5M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of School On Wheels Of Massachusetts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
School On Wheels Of Massachusetts Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$306K |
| Total Assets | $1.4M |
| Total Liabilities | $495K |
| Net Assets | $871K |
| Operating Margin | 22.0% |
| Debt-to-Asset Ratio | 36.3% |
| Months of Reserves | 15.1 months |
Financial Health Grade: A
In 2023, School On Wheels Of Massachusetts Inc reported a surplus of $306K with revenue exceeding expenses, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 36.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), School On Wheels Of Massachusetts Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.5% | +14.3% | +125.8% |
| 2022 | +3.0% | -11.1% | +41.3% |
| 2021 | +39.4% | +20.2% | +50.4% |
| 2020 | -4.4% | +2.3% | +14.0% |
| 2019 | -4.5% | -9.1% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates School On Wheels Of Massachusetts Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, School On Wheels Of Massachusetts Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $306K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is exceptional for an organization of this size with over $1 million in annual revenue, demonstrating a strong commitment to directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of School On Wheels Of Massachusetts Inc's IRS 990 filings:
- Increase in liabilities in 2023 to $495,491, which warrants monitoring relative to asset growth.
Strengths
The following positive indicators were identified for School On Wheels Of Massachusetts Inc:
- Consistent and significant revenue growth over the past five years, from $845,313 in 2020 to $1,389,086 in 2023.
- Strong asset growth, increasing from $284,847 in 2020 to $1,366,807 in 2023.
- Exceptional transparency and commitment to mission with 0% officer compensation reported across all filings.
- High program spending efficiency, indicating a strong focus on its core mission.
- Positive net assets and healthy financial reserves.
Frequently Asked Questions about School On Wheels Of Massachusetts Inc
Is School On Wheels Of Massachusetts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, School On Wheels Of Massachusetts Inc (EIN: 201020880) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does School On Wheels Of Massachusetts Inc spend its money?
School On Wheels Of Massachusetts Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to School On Wheels Of Massachusetts Inc tax-deductible?
School On Wheels Of Massachusetts Inc is registered as a tax-exempt nonprofit (EIN: 201020880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the School On Wheels Of Massachusetts Inc CEO make?
School On Wheels Of Massachusetts Inc's highest-compensated officer earns $1 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of School On Wheels Of Massachusetts Inc's spending goes to programs?
School On Wheels Of Massachusetts Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does School On Wheels Of Massachusetts Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), School On Wheels Of Massachusetts Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is School On Wheels Of Massachusetts Inc located?
School On Wheels Of Massachusetts Inc is headquartered in E Bridgewtr, Massachusetts and files with the IRS under EIN 201020880. It is classified under NTEE code B90.
How many years of IRS 990 filings does School On Wheels Of Massachusetts Inc have?
School On Wheels Of Massachusetts Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.5M in total revenue.
Is School On Wheels Of Massachusetts Inc a good charity?
Based on its financial data, School On Wheels Of Massachusetts Inc appears to be a very good charity. It demonstrates consistent revenue growth, strong asset accumulation, and a remarkable commitment to directing funds to its mission by reporting 0% officer compensation.
How has the organization's financial health changed over the past few years?
The organization's financial health has significantly improved. Revenue grew from $845,313 in 2020 to $1,389,086 in 2023, and assets increased from $284,847 to $1,366,807 in the same period, indicating robust growth and financial stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, which is an outstanding practice indicating that no funds are allocated to executive salaries, maximizing resources for program delivery.
Filing History
IRS 990 filing history for School On Wheels Of Massachusetts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), School On Wheels Of Massachusetts Inc's revenue has grown by 193.9%, moving from $473K to $1.4M. Total assets increased by 1029% over the same period, from $121K to $1.4M. Total functional expenses rose by 139.1%, from $453K to $1.1M. In its most recent filing year (2023), School On Wheels Of Massachusetts Inc reported a surplus of $306K, with revenue exceeding expenses. The organization holds $495K in liabilities against $1.4M in assets (debt-to-asset ratio: 36.3%), resulting in net assets of $871K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.1M | $1.4M | $495K | — | View 990 |
| 2022 | $1.2M | $947K | $605K | $40K | — | View 990 |
| 2021 | $1.2M | $1.1M | $428K | $129K | — | View 990 |
| 2020 | $845K | $886K | $285K | $98K | — | View 990 |
| 2019 | $884K | $867K | $250K | $22K | — | View 990 |
| 2018 | $926K | $954K | $243K | $32K | — | View 990 |
| 2017 | $834K | $820K | $274K | $36K | — | View 990 |
| 2016 | $741K | $704K | $249K | $26K | — | View 990 |
| 2015 | $730K | $702K | $219K | $33K | — | View 990 |
| 2014 | $592K | $562K | $204K | $46K | — | View 990 |
| 2013 | $471K | $431K | $148K | $20K | — | View 990 |
| 2012 | $478K | $500K | $102K | $14K | — | View 990 |
| 2011 | $473K | $453K | $121K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.1M, and assets of $1.4M (revenue +14.5% year-over-year).
- 2022: Revenue of $1.2M, expenses of $947K, and assets of $605K (revenue +3.0% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $428K (revenue +39.4% year-over-year).
- 2020: Revenue of $845K, expenses of $886K, and assets of $285K (revenue -4.4% year-over-year).
- 2019: Revenue of $884K, expenses of $867K, and assets of $250K (revenue -4.5% year-over-year).
- 2018: Revenue of $926K, expenses of $954K, and assets of $243K (revenue +11.0% year-over-year).
- 2017: Revenue of $834K, expenses of $820K, and assets of $274K (revenue +12.6% year-over-year).
- 2016: Revenue of $741K, expenses of $704K, and assets of $249K (revenue +1.5% year-over-year).
- 2015: Revenue of $730K, expenses of $702K, and assets of $219K (revenue +23.2% year-over-year).
- 2014: Revenue of $592K, expenses of $562K, and assets of $204K (revenue +25.8% year-over-year).
- 2013: Revenue of $471K, expenses of $431K, and assets of $148K (revenue -1.4% year-over-year).
- 2012: Revenue of $478K, expenses of $500K, and assets of $102K (revenue +1.0% year-over-year).
- 2011: Revenue of $473K, expenses of $453K, and assets of $121K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for School On Wheels Of Massachusetts Inc:
Data Sources and Methodology
This transparency report for School On Wheels Of Massachusetts Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.